US President Trump says ceasefire with Iran is ‘on life support’
President Trump declared the US-Iran ceasefire 'on life support,' calling Iran's counterproposal 'garbage,' impacting markets.Summary
US President Donald Trump announced on Truth Social that the ceasefire with Iran, established after the Twelve-Day War, is "on massive life support." He described Iran's latest counterproposal as "that piece of garbage," indicating a significant gap in negotiations. This statement caused immediate market reactions, with oil prices and Treasury yields climbing, and US stocks losing an estimated $300 billion. The ceasefire, which took effect on June 24, 2025, aimed to end the Twelve-Day War and allow for a longer-term resolution. Iran's demands include a full cessation of hostilities, lifting of US blockades, and compensation for war damages. The ongoing conflicts involving Israel further complicate the fragile arrangement. While traditional markets reacted sharply, crypto markets remained relatively steady. The geopolitical situation is further complicated by upcoming discussions with Chinese President Xi Jinping. The article notes that Iran's demands are not unusual in post-conflict negotiations and highlights differing perceptions of the agreement's terms between the US and Qatar, who mediated the ceasefire. For crypto investors, potential impacts include tighter monetary policy due to higher oil prices and a stronger dollar if capital flows to safe havens, though crypto markets are more institutionally integrated now.
(Source：Crypto Briefing)